If you own a small business or work for yourself, the 2026 Section 179 tax deduction could make investing in a new Jeep SUV or Ram truck one of your smartest moves this year. Our family-owned Bolles Motors in Ellington delivers exceptional customer service at every step, helping local business owners explore the work-ready vehicles that keep their operations moving.
This content is for informational purposes only, and you should always consult a qualified tax professional to confirm how Section 179 applies to your specific situation.
2026 Section 179 Tax Deduction Overview & Limits
Section 179 of the IRS tax code lets qualifying businesses deduct the cost of eligible equipment, including certain business-use vehicles, in the year they're purchased and placed into service. Designed as a true small-business incentive, it rewards companies for investing in the tools and vehicles they need to grow around Ellington and beyond. Review the general guidelines below before planning your purchase:
- 2026 Deduction Limit: $2,560,0001 - good on new and used equipment (as long as new to the buyer), purchased or leased.
- 2026 Spending Cap: $4,090,0001 - the maximum that can be spent on equipment before your company's Section 179 deduction begins to be reduced on a dollar-for-dollar basis, with a complete phase-out at $6,650,000.
- 2026 Bonus Depreciation: 100%1 - a tax incentive that lets a business immediately deduct a large percentage of the purchase price of eligible assets, applies to new and used and is generally taken after the spending cap is reached.
- Key requirements: the vehicle must be purchased and put into use before Dec. 31, 2026, used for business purposes more than 50% of the time and titled in the company's name rather than the owner's personal name.1
Which Jeep & Ram Vehicles Qualify for Section 179?
How a vehicle qualifies under Section 179 depends largely on its gross vehicle weight rating (GVWR) and how it's used for your business. Heavier work-focused trucks and vans generally receive more favorable treatment, while lighter passenger vehicles are subject to stricter IRS limits.
- New & Used Vocational Trucks and Vans: Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans): $32,000 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): Subject to IRS "luxury auto" depreciation limits (Section 280F)1
Eligible models from our new Jeep and Ram inventory include, but are not limited to:
- Chrysler Pacifica
- Dodge Durango
- Jeep Grand Cherokee
- Jeep Gladiator
- Jeep Wrangler
- Wagoneer
- Grand Wagoneer
- Ram 1500
- Ram 2500
- Ram 3500
- Ram Chassis Cab
- ProMaster®
- ProMaster® EV
How Do I Use the Section 179 Tax Incentive?
Taking advantage of Section 179 starts with choosing a qualifying Jeep or Ram and placing it into business use before December 31, 2026. You'll generally need to document that the vehicle is used for business purposes more than 50% of the time and that it's titled in your company's name rather than your personal name. Our Bolles Motors finance team can help you explore eligible new andused commercial vehicles, though your accountant or tax professional should always confirm the exact deduction you can claim.
Commercial Ram Vehicles for Sale Near Me
Business owners around Ellington and Hartford who want a dealership that treats them like family turn to our team at Bolles Motors. From our extensive new Jeep and Ram inventory to customer-first perks like your first and every fifth oil change free, we go above and beyond so you become a loyal, long-term customer. Visit us in Ellington, browse our inventory online or contact our team today to find a qualifying Jeep or Ram before the December 31, 2026, deadline!
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Bolles Motors Section 179 Tax Deduction FAQs
Can vehicles be deducted under Section 179?
Yes, certain business-use vehicles can be deducted under Section 179, which lets qualifying businesses deduct the cost of eligible equipment in the year it is purchased and placed into service. At Bolles Motors, our finance team can help you explore work-ready Jeep SUVs and Ram trucks that may qualify before the December 31, 2026 deadline.
Does Section 179 apply to used car purchases?
Section 179 applies to both new and used equipment, as long as the vehicle is new to the buyer and placed into business use before December 31, 2026. The 2026 100% bonus depreciation also applies to new and used qualifying assets near Hartford.
Can Section 179 be claimed multiple times?
Section 179 can generally be used year after year on qualifying equipment, subject to the annual deduction limit and spending cap. The team at Bolles Motors can help you find eligible Jeep and Ram models, but a qualified tax professional should always confirm how the deduction applies to your specific situation.
What is the Section 179 tax deduction limit?
For 2026, the Section 179 deduction limit is $2,560,000, good on new and used equipment that is purchased or leased. Keep in mind that heavy SUVs and trucks over 6,000 lbs. GVW are subject to a $32,000 maximum, while lighter vehicles fall under IRS luxury auto limits.
What is the 2026 Section 179 spending cap?
The 2026 Section 179 spending cap is $4,090,000, the maximum that can be spent on equipment before the deduction begins to phase out on a dollar-for-dollar basis, with a complete phase-out at $6,650,000. Visit Bolles Motors or contact our team to find a qualifying Jeep or Ram before year-end.